With the recent introduction of the net feed in tariff to Queensland comes a good opportunity to maximise the return on the solar power systems.
Gold Coast Solar Power Solutions recommend people to implement the net feed in tariff to see their investment in renewable power bring them the maximum returns possible.
The net feed in tariff works by paying a higher rate for any excess power that people produce and feed back into the grid.
Therefore, to maximise the return, one needs to import as much of renewable power to the grid as possible.
People are paid 44c per kWh for this power, but then they want to power their house with power from the grid, which they pay just 14c per kWh for.
People need to minimise the amount of power they use when the solar panels are generating power, so the renewable power they produce is going straight back into the grid, not being used up inside the home.
To achieve this, use the power hungry appliances before mid morning or from late afternoon onwards, not during the middle of the day when the solar power output is at its maximum.
By putting this into practice, people can be making 30c a kWh when they use power, not just saving themselves 14c a kWh, a much better strategy.